banner_ad

Which itr should file for running business of gym / fitness?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 September 2017 One of My Friend is running own GYM. He run business as proprietor. Can He File ITR 4(S) for AY 2016-17 and ITR 4 for AY 2017-18. His total annual turnover is below 4,00,000/- (Below Five Lakhs).

Can he filled his Business Code in ITR 4(S) for AY 2016-17 is (0204) [Trading Others] and ? Please give your expert opinion.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
14 September 2017 ITR 4S is no more........it is replaced by ITR 4
Your friend can go for presumptive taxation and file ITR 4
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
14 September 2017 ITR 4s can be filed for AY 2016-17 and ITR 4 for AY 2017-18.use business code trading other.
Profile Image

sanjeev kumar goel

Profile Image

sanjeev kumar goel (Expert)
15 September 2017 Yes he can file ITR4S for AY 2016-17 and ITR4 for AY 2017-18. He can not use code as Trading others as he is not doing any trading business.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details